@CarEdge

We just launched the Auto Insider podcast. Give it a listen here: https://podcasts.apple.com/us/podcast/auto-insider/id1521589583

If you feel inclined, please leave a 5 star review. Stay safe, Ray

@blessedmom

Zack... your staring in this video was so unusual compared to other videos. You were scaring me!  Lol

@saulgoodman602

I am a huge fan of CPO programs. I bought my wife a 2017 MB in Jan 2020. The in service date was August  2017 so the MB warranty is good until August 2022. The car had 24k miles and the dealer had to put 4 new tires, brakes, and rotors in addition to making the car look new. In Mercades cost world could run $4000+. Maybe I paid a $2000 premium.  for cpo. However,  I got a car that would only cost basic maintenance for 2 1/2 years. Everything else is under warranty. It's like a buying a new car at half price. If the is any problem, they give you a nice loner car and you are on your way.

@swissmade1497

Totally worth it, I purchased a 2017 Lexus Nx200t I receive a loaner car every time I bring it in for service. I just had an experience where I dropped it off at Sewell Lexus in Dallas for an inspection and windshield wipers. The bill was $67 and I had the loaner for the weekend. I would not buy a car any other way

@quaidmciver172

Always have a independent pre-purchase inspection done regardless if it’s CPO or not. I purchased a CPO 2015 Audi S7 from a new car Chicago Audi dealer owned by Auto-nation. It was a very expensive used car. Long story short purchased in the middle of February. Normally I do pre purchase inspection, but because I trusted that a CPO was true to what they advertised I didn’t bother. Anyhow I get the car home to Ohio and 10 days later, my mother calls me and says it looks like your paint is peeling off your rear bumper/diffuser. I blew her off, thought it was just soot from the exhaust. Later I found out it was paint peeling. I called the dealer they blew me off about the paint. $5k in paint work needed after we found out both bumpers were thrown on the car with  shoddy bodywork. The dealer refused to show me the signed certification checkpoint worksheet. After 90 days of back and fourth and threatening a lawsuit they offered to buy it back for full asking plus all expenses incurred by me.

@justacinnamonbun8658

17 minutes to answer the question if you should buy CPO (certified pre-owned)? Here's the answer in a few sentences:

#1 The only advantage to CPO cars is they come with a manufacturer backed warranty, usually on just the powertrain components, but you pay for this warranty, it's built into the price. #2 You still have to take a CPO car to your local, trusted, PROFESSIONAL mechanic to take a look at it before you buy it if you don't know what you're doing. It may have been in an accident and cleaned up and painted. Dealers will certify ANYTHING. Repeat after me.... DEALERS WILL CERTIFY ANYTHING!

@johnshen1918

I followed your advice and recently purchased a CPO vehicle from a franchise dealership with a good price. I did a lot of research on the vehicle that I was interested in. The vehicle was on the dealer's lot for a while like 2 to 3 months. I went to the dealer on the last few days of June before closing out the first half of the year. When I was talking to the manager about the vehicle, he did admit that I came in at the right time. I ended up getting the car with extended warranties and $3000 less than the advertised price.

@arthurcrunden6107

Bought a cpo 2011 fusion in 2013 with 19k miles on it still have the car now 144k miles in it and it’s been pretty trouble free over the years and saved 40% off a new car sticker this is the way to go

@templarpsi

Strange I just bought a 2019 Honda Accord Touring 2.0L CPO, and I ended up getting the the Honda Certified+ which gives me 24 months bumper to bumper or 50,000 miles and 100k power train or 7 years. But my 24 months honda certified doesn't start till after my original warranty finishes so essentially I'm covered for 86,000 first or 2024, regarding bumper to bumper.

@PatsGarageOnline

When I was shopping for a BMW i8, I only looked at CPO cars and found 13 examples.  Most had some weird damage, like underbody panels hanging from under the car, tires with less than 5mm tread (I brought my own gauge), wheel and collision damage.  I found one salesman who disclosed that they can certify anything and the benefit to me is the 1 year of extra warranty and if I wanted to negotiate on the damages, I could, but they would likely only drop the price by 50% to replace the broken items.  LOL, I learned that at least for the i8, the dealers were trying to move the cars quickly before they depreciated beyond what they paid for the car and paying the $4k to 5k to "certify" the car, made it more appealing to sell it on the secondary market.

@anonymous6594

Lexus CPO warranty begins at the expiration of the basic warranty or vehicle purchase date, whichever occurs later, and remains in effect for 2 years.

@magaman6353

Lol! I bought a certified used car from a major new/used car dealer, driven by the service manager's wife. The motor was gone. 'Certified' only means the safety and pollution equipment are okay. The motor and transmission may be gone, but it still can be certified. CARFAX won't tell you any of that. Never trust ANY car dealer.

@jezelc8030

Ray, I still have my '06 Acura TL which was a CPO vehicle.  Still love the car at 104k miles.  I added a 2016 Sorento SXL 2 years ago for cargo needs which is also CPO and its been very reliable as well. Kia's bumper to bumper CPO warranty runs through 2023. Huge fan of CPOs.

@thenewtowncryer

In 2000, I bought a certified Civic from Hardin Honda in Anaheim California. I soon found out, they had lied about the car history; it had been in an accident. Hence, whatever the manufacturers certification requirements are, a dealership can always try to misrepresent a car. Luckily, I was able to return the car, but the dealership was nasty about it, and I had to force the issue.

@Yurkevich22

On Toyotas it seems like the CPO warranty starts not from the original sale date, but from the CPO sale date: "Coverage begins from date of Toyota Certified Used Vehicle purchase"

@johngreen4520

Love you guys...love your truthful approach to these topics...with a sprinkle of comedy as well.

@mikerobbins5049

So many used car dealers slap a sign on the windshield “CERTIFIED USED CAR” and they don’t mean squat......   I think Lexus or Acura’s programs would be really good.  Good that you explained it so good....

@MykeMellow

Markets Man 😂 Appreciate the knowledge and love the father son dynamic.

@dragonblue5

LEXUS provides 2 years bumper-bumper for Certified Warranty from the date I bought it used certified from Lexus Dealer.

@steves1749

Thanks for this discussion. I’m currently shopping for a CPO only from manufacturer shops. But the better brands seem to have not much inventory.